Every so often, I like to look at the market pulse and try to determine where I would invest new money. I do this even when I don't have money to invest. I find that it's not only a fun game to play, but I learn a lot in the process. In the past, I've found that I'm better off buying securities at a bargain than going for the current hot sector. I look at the market now and this is what I'm seeing:
- The price for a barrel of oil is at or close to an all-time high.
- The Dow Jones index is very close to being at an all-time high.
- Gold is the highest it's been in 20+ years.
- The hot sector play seems to be emerging markets which is also extremely high.
- China indexes are extremely high relative to where they were 6 months ago.
There are a lot of good reasons why the above is true. I can't see a reason why all the above can't go even higher than they already are. However, I'm not sure I can make a case that they are bargains. In looking for bargains, I find myself liking regional banks. Specifically if I had a little play money in a Zecco account, I might buy this regional bank ETF. Would you buy the bargains or ride the some of the highs higher? What specifics investments would you buy?
18 Responses to “Where Would You Put Money Now?”
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